Wednesday, November 11, 2015

Michigan Home Insurance: As a Renter, You Need Protection Too

Renting usually means you have fewer things to be concerned about. Should the drain clog, there’s your landlord’s plumber to fix the mess. Should the air conditioning stop working totally, all you need is to call the property owner to have it replaced. This is why it often takes some serious events, such as a burglary, fire or an accident, for many renters to realize why they need an insurance. As a Renter, You Need Protection Too In fact, according to Simple Dollar, renters insurance is the least purchased product in the insurance market. On a 2012 poll, while 96% of homeowners have home insurance, only 31% of renters have theirs. While some can’t afford an insurance in the first place, there are renters here in Michigan who mistakenly assume they are covered by their landlord’s policy. There are also those who underestimate the value of their belongings, although the latter could easily add up to thousands of dollars.

Tuesday, November 10, 2015

Business Insurance Brokers: Find the Right Coverage for a Golf Course

Golf courses face insurance risks that are unique to their industry. Though such locations project scenes of serenity and tranquility, golf courses are still businesses. And like any business, there are dangers that could result in a potentially significant insurance claim at any time. Risk assessments and having the right business insurance agent are key to avoiding such unfortunate circumstances. Below are some of the types of coverage that trusted insurance companies offer golf course owners. Golf Cart Insurance Golf Carts are the primary mode of transportation for golfers on the green. Regardless if your patrons use them off-road or on, proper insurance can help you protect your investment.Golf carts can get stolen or damaged, and they can also cause serious damage or injuries in an accident. Even if you’re not legally bound to buy insurance for your golf carts, it will be wise for you to do so for your own peace of mind.

Sunday, November 8, 2015

Michigan Car Insurance Info: Get to Know the State’s No-Fault Law

When it comes to automobile, bus, truck, or motorcycle accidents in Michigan, it is important to note that the state practices a no-fault policy. Under Michigan’s No-Fault Act, your auto insurance company will be the one responsible for paying most of your economic damages, regardless of who’s at fault. Coming into effect on October 1, 1973, the law was designed to achieve two things: compensate persons injured in auto accidents quickly and equitably, and limit lawsuits by paying benefits quickly. Michigan Auto Law enumerates the five benefits you could be entitled to should you find yourself involved in a car accident in the Great Lake State.